U.S. Online Video Company Hulu Preparing for IPO

Hulu is preparing to file for an initial public offering in the late autumn, valuing the U.S. online video company at around $2 billion, people familiar with the plan told the Financial Times. Hulu, led by Jason Kilar, is the second largest online video site by traffic in the U.S. after Google’s (GOOG) YouTube. A Hulu IPO would be the biggest media and internet offering this year.